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4Homes
Episode 2: Nottingham and Brighton
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Budgets

Terrace in Kirkby
It’s taken Damon and Corinne 21 long, painful weeks to complete their project. But despite the tiny budget the job doesn’t look cheap – they spent their money wisely.

Original budget: £10,000

  • Building and labour: £3,000
  • Plumbing and heating: £2,000
  • Kitchen: £1,250
  • Bathroom: £500
  • Decorating and flooring; £1,500
  • Garden: £1,000
  • Fees: £0
    Bought for £50,000
    Budgeted asking price: £70,000
    Budgeted profit: £10,000

    Actual budget: £11,500

  • Building and labour: £2,800
  • Plumbing and heating: £2,000
  • Kitchen: £1,200
  • Bathroom: £600
  • Decorating and flooring; £1,400
  • Garden: £1,000
  • Fees: £2,000
    Valuations: £70,700

    FINAL PROFIT TOTAL
    £9,200



  • Flat in Brighton
    Despite the occasional clash of styles, Habib finished his flat to a high standard, but the whole thing has come in way over budget. It might not have made anything like the profit he was aiming for, but £50,000 is nothing to be sniffed at.

    Budget: £15,000
    Bought for £123,000
    Budgeted asking price £320,000
    Budgeted profit: £197,000

    Actual budget £107,000 (including £75,000 restoration fee)

    Valuations £280,000

    FINAL PROFIT TOTAL
    £50,000 profit

    Before and after pictures >>


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    4Homes